Gaming website Giant Bomb has the latest on the much rumored PlayStation 4.5 or PS4K that Sony is secretly working on. According to the report, Sony has code-named the project “NEO,” a possible reference to PlayStation VR’s code name “Morpheus,” and that it will be getting a boost in hardware to help with the upcoming 4K screen resolution and VR prospects.

Writer Austin Walker states that his documents show the components Sony will use to get his boost in power, which includes:

Original PS4 NEO
CPU 8 Jaguar Cores at 1.6 GHz 8 Jaguar Cores at 2.1 GHz
GPU AMD GCN, 18 CUs at 800 MHz Improved AMD GCN, 36 CUs at 911 MHz
Memory 8 GB GDDR5, 176 GB/s 8 GB GDDR5, 218 GB/s

The boost in power will help many games activate a “NEO Mode,” which will then boost the graphical capabilities and any other VR functions needed.

More interestingly, though, is that Sony doesn’t plan to split its audience in the way that the New Nintendo 3DS did by allowing exclusive games. Instead, Giant Bomb reports that all games released will be playable on both of the PlayStation 4 models, but the newer model simply will have more graphical options.

Starting in October, every PS4 game is required to ship with both a “Base Mode” which will run on the currently available PS4 and a “NEO Mode” for use on the new console.

Sony has yet to make an official statement on the rumors. Giant Bomb’s report further spells out how Sony plans to work with third-party companies to accommodate for the two new requirements, so be sure to give it a read.